Monday - July 25, 2011

Fire Them All And Start Over

No, I’m not posting much at all on this self-inflicted “budget crisis” / “debt ceiling crisis” crap going on in DC. It never had to happen. It never should have happened. But the idiots in charge have to play their power games, and neither side is on our side, although one side is less not on our side than the other group. It’s confusing, it’s annoying, it’s a 24-7 bullshit fest. It has given us the darkest kind of humor, made even more ironic because these jokes are not at all funny; they’re true!

How bad is the budget crisis? The budget crisis is sooooo bad that Obama has stopped playing golf. It’s so bad that he’s stopped going to his own campaign fundraisers; it’s so bad that he’s sending Joe Biden to them instead!

Harry Reid thinks he’s immune from the First Law of Holes ( when you get to the bottom, stop digging! ) Did you see him on TV today, splatzing his verbal diarrhea? As far as Harry is concerned, me, you, and anyone else who believes in the TEA Party is a right wing extremist. Seriously, those were his actual words. The TEA Party people are right wing extremists. Extremists. Crazy people. Dangerous radicals. Because they believe the We The People are Taxed Enough Already, nickle and dimed to death and beyond, and that the government should be able to run itself on the vast mountains of tax revenue they already bring in without borrowing more. The nerve of us peons.

Tax cheat Timothy Geitner threatened yesterday that if Lord Obama’s plan wasn’t approved, then 80 million government checks wouldn’t go out. Aside from being a complete lie, Turbo-Tax Timmy glazed right over that 80 million part. The government is sending out 80 million checks a month? There are only 300 million people in the whole damn country!! That’s more than 26% of the country, more than 1 person in 4, who is getting some kind of monthly payment from the feds. Who the hell is left to pay the bills???

And to make it even worse, here comes the news we all saw coming months ago ... when everyone who mentioned it (Beck et al) was instantly labeled a racist crazy person willfully trying to destroy the recovery ...

U.S. Credit Rating Now Cut As Boehner Fights Back

It’s official.

The credit rating of the United States government—for the first time in American history—has been cut.

Lost in the headlines generated by Obama press conferences, Reuters reported that the credit rating agency Egan-Jones has in fact become the first rating agency to downgrade the U.S. rating. Egan-Jones, says Reuters:

..has cut the United States’ top credit ranking, citing concerns over the country’s high debt load and the difficulty the government faces in significantly reducing spending.

And what else is being reported about Egan-Jones’ reasoning for doing this?

The agency said the action, which cut U.S. sovereign debt to the second-highest rating, was not based on fears over the country not raising its debt ceiling.

Instead, the cut is due the U.S. debt load standing at more than 100 percent of its gross domestic product. This compares with Canada, for example, which has a debt-to-GDP ratio of 35 percent, Egan-Jones said in a report sent on Saturday.

The startling news, dug out by our friend and talk radio host Mark Levin, comes as House Speaker John Boehner walked out of talks to resolve the issue because President Obama “insisted on raising taxes.”

So this means that the government will now have to pay even higher interest rates on any future money it borrows. Which will push us even further into never ending debt.

But let’s listen to Harry and Oboner and the Gang of Thieves, and pile on more and more programs to ... promote social justice or whatever ... and borrow even more money at even higher rates to pay for them. And the best Crybaby Boehnhead on our side of the aisle can do is come up with a “temporary" plan to allow more borrowing? Followed probably by some more “temporary” taxes to increase revenue by taking even more money from the paychecks of the people lucky enough to still have jobs?

“Temporary”? That’s another punchline. No such thing. Alabama is still collecting money from it’s “temporary” tax they put in more than a century ago to pay the pensions of Civil War veterans. And their last veteran died in 1939!!

And we’re the extremists? We’re the crazy people? Horry Clap. I just can’t face this insanity. That’s why I’m trying to avoid posting on it.

PS - this world ending August 2nd deadline may also be fake. It looks like the real deadline might actually be August 10th. Not that it matters. The world stock markets are already trembling because these jerks in DC can’t work together.

On the other hand, good. Bring the government to a standstill. Don’t send out those checks. Let come what may. Families will take care of each other. It might not be so bad for a couple months. But if one side of the aisle is preaching fiscal sanity, and the other side wants to spend spend spend spend spend with no brakes and no limits ever, then bringing things to a standstill is what I want, and I want my guys to not give an inch. It’s what has to be done. The cupboard is bare; that poor dog has no bone. Stop the spending. At the very very least, do your damn jobs and develop and pass a budget that runs on 90% of the expected revenue. And that means HUGE CUTS across the board. Do it. Cut hundreds of billions in spending, right now, this year, and every year thereafter. Cut a trillion. Cut two trillion. And pass a law to make sure it stays cut. For that, these assclowns can argue till they’re blue in the face and everybody in government is out of a job. Fine by me. Do it. Might as well act like an extremist if I’m going to be labeled one again.

Posted by Drew458     on 07/25/2011 at 02:55 PM   
Filed Under: • Economics • Government • Taxes •  
• Comments (4) • Trackbacks(0)  Permalink •  

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